Mars Production Company master products and sell them for an average price of 70. Marco considering the differentes to estrating the firm's totalmostly contact 11 ans, and how in both case she dits of production as the independent variable For the accouatats delped the counction by analyzing each custom innt, when production was 1,650. The following are the results of the Total Cont Tuet Chat 10 Cost Item Direct materials Direct labor Factory over Seting expens Administrative Total expense 14,415 12.43 $6,840 $3,50 30 $3.440 $3.540 11.50 $10.530 Variable cost 36,435 $8.415 13.960 53,300 $22.110 Techto, veloped the costruction in the data fronte above and data from the productie was 2.0 and ants were 44311 Aer developing the two other, the return to make prediction for the month when it we 2.37 RIQUIRED TROUND UNET COSTS TO TWO DECIMA. PLACES AND TOTA, COSTS TO THE NEAREST DOLLAR Part A (stress) Un cost any, what the time wedste for October 2. Accountatals, at the state of totalt Dente Tries Part (stre: ung the high wated, wat was the contextmate of costs for 2. mehmetto, what was the account materiale costszent for October han Tresos Cost Item Total Cost Fixed Cost Variable Cost $6,435 $0 Direct materials Direct labor $6,435 $8,415 $8,415 $0 $7,400 $3,440 $3,960 Factory overhead $3,540 $3,300 $6,840 Selling expenses $3,550 $0 $3,550 Administrative expenses $32,640 $10,530 $22,110 Total expenses REQUIRED (ROUND UNIT COSTS TO TWO DECIMAL PLACES AND TOTAL COSTS TO THE NEAREST DOLLAR.) Part A (5 tries; 5 points) 1. Using account analysis, what was the accountant's estimate of total fixed costs for October? 2. Using account analysis, what was the accountant's estimate of total variable costs for October? Submit Answer Tries 0/5 Part B (5 tries; 5 points) 1. Using the high-low method, what was the accountant's estimate of total fixed costs for October? 2. Using the high-low method, what was the accountant's estimate of variable costs per unit for October? Submit Answer Tries 0/5 Mars Production Company asserts and all them for age price of $70. Men tant conferences in women 11 In both casesthe used unes of production as the independentable to the account and she developed the cost function ringach continue when 1.650. The following are there of the analysis Cost Item Tocal Cout Fixed Cost Variable Cost Direct materials 56.035 10 16.435 Director 8415 50 18.415 Factory overhead 2400 3. Seming expenses $3.540 3.100 Administrative expenses $3.550 $3.50 19 Total expenses $32.640 $16.530 922.110 For the method, she developed the cost function using the data from one above and data from August, when production was 2.500 units and costs were 911 After developing the cost unction, the accountant used them to make predictions for the month of October, when production was expected to be 2.375 units
